There is a huge difference between asking prices and actual transactions. Even among the actual transactions, whats the percentage of units that got sold within a certain time frame? Tropics are a different ball game simply because of location. Glomac's location is no where as good as Tropics. The main reason why landed property in Damansara Kim has always been lower compared to TTDI, Damansara Utama, Bandar Utama and the Uptown area.

Also when we talk about LRT or MRT stations, the actual distance matters. If ure within a 200-300m range then you might have spill-over effects but more than that, the advantages of the station diminishes. We also need to differentiate between the developer talk and actual facts. Developers in Malaysia have been collectively mis-using the MRT and LRT station locations to blatantly increase prices while giving investors false hope that prices will increase much more in future. But i doubt many (not all) of these claims because most developers are already selling at future pricing which takes a huge chunk out of the potential profit investors could make.

The same thing happened when the Putra & Kelana LRT systems were launched. How many areas in KL acually experienced a boost in property prices after the LRT began operation? Many developers were talking about 50-100% jump in VP prices back then but what happened in reality? Kelana Jaya is an example of what was promised being nothing close to what reality became.

This post has been edited by cybermaster98: Jan 3 2014, 11:27 AM

Firstly, its you who called me an expert. I merely gave my views and my views still stand as far as im concerned. Secondly, do PM me the name of your buyer. Ill check and let u know whether he indeed gave you a 150K+ profit. Thirdly, the same way 2 units at a 20yr old condo in TTDI transacted at 880K & 890K doesnt mean anything for the rest of the units at the condo, so does your 'sale' mean that all units will achieve similar or better returns.

And while we're on the subject, care to tell me the name of the bank, branch and valuation company that handled your transaction?

And btw, if property prices do continue to UUU, ill be among the happiest ppl around.

This post has been edited by cybermaster98: Jan 3 2014, 01:52 PM

Pat, Green Building status so tax exemption applies rite?

This post has been edited by cybermaster98: Jan 3 2014, 02:00 PM

Im not asking about Deloitte la. Im asking about the status of Menara LGB.

And if u read my earlier post, you would have noticed that i said 'If ure within a 200-300m range then you might have spill-over effects'. The key word here is 'might'. And Glomac already priced this 'advantage' into the launch prices which takes away some upside potential in the short term. But long term, i think it should do quite alright due to spill-over effects from TTDI nearby. Same goes for most other developments located near the new LRT / MRT stations (assuming they are suitably positioned that is).

Do u even know what an auditor does? Im asking for transaction info. Nothing to do with audits. And i dared u to provide your info since u proudly proclaimed that you will buy ANY unit below 700K in Glomac and till now nothing??? Why? Scared that ppl will know ure just hot air? I didnt make any such claims so no reason for me to provide contacts.

Its so easy to differentiate the hot air blowers compared to the real investors. Just dare them and the subsequent silence / diversioon tactis explain all.

I dared YOU based on what YOU claimed. The info is for ppl to contact YOU since YOU said YOU were looking to buy a unit at Glomac Damansara. I naver made any claim to buy anything at Glomac. So big difference. But its clear now who is the hot air and u have no intention of buying a subsale unit at Glomac even if it were priced below 700K.

I provided an OPINION. You were talking about a BUSINESS TRANSACTION. I dont need to back up my opinions in LYN with my contact details for anybody to thank or condemn me in future. But if you arent hot air and ure serious about buying a unit at Glomac Residences, why so reluctant to provide your contact details? Anybody can say 'please contact me and i will surely buy' and then dont provide any contact details! Whether you PM or otherwise, just do it. Why delay?

Ure fighting a losing battle here and u know it and there is absolutely no logic to your dare here. Try saying something tangible for a change or just remain silent before u embarass yerself further. Or maybe just use your original nick?

This post has been edited by cybermaster98: Jan 3 2014, 04:28 PM

Getting such texts from agetns are common not just for new VP condos but also for the older ones. Its not because there are ready buyers but merely a tactic to 'expand' their business and spread the word that they are around. All these 'we have ready buyers' are mostly a load of crap so dont read too much into it.

Does anybody know of any units which were sold recently? What floor and size? Sale with rental. Any actual tenancy signed?

Im refering to actual transactions not asking prices yea?

Which bank is providing this valuation price? Is this based on actual transacted subsales or just word of mouth?

What are the latest transacted sale prices and for what size and floor?

Whats the unit number of the unit u sold?

Is it true that 45 Bumi units will be released this Sunday with a 17% discount?

If you want to be respected then learn to comment like an adult. If your butt hurt because I didn't believe your lies before, then too bad for you. I didn't purchase any units there and never claimed to (unlike you) but I own units in TTDI itself which suits my investment strategy. And ppl who really make money from property sales will not advertise themselves on public forums. The ones that do are 90% the tin kosongs. You decide which category you belong in.

As for my question/statement earlier, I asked a question to get clarification. That is my right. Go learn the difference between spreading rumors and asking questions. If English is a problem for you, get lessons. If you do not have such info, then keep your immature tantrums to yourself. Just cuz u don't know, don't accuse me of spreading crap. I have never spread crap on Lowyat and im a respected forum member.

And its Glomac Centro not Glomac Damansara as ive now found out.

This post has been edited by cybermaster98: May 12 2015, 05:13 PM

Anybody heard about a suicide case here last week? Expat woman.